Typhoon hato

Sep 04, 2:44 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By Shreesha Ghosh @Shreesha_94 08/23/17 AT 4:23 AM UPDATE: 4:45 a.m. EDT — At least three people, including a 45-year-old mainland Chinese tourist, died in Macau and two went missing after typhoon Hato lashed through the South China Sea on Wednesday. Earlier, four people were said to have gone missing in Fai Chi Kei, Macau; however, later two people were rescued, South China Morning Post reported. Macau also faced blackout due to power supply cable failure in the neighboring city of Zhuhai. The power supply is slowly being restored, the Macau Daily Times reported.Original Story Typhoon Hato that made landfall in China on Wednesday whipped through Hong Kong causing heavy floods and suspension of trade. The city observatory downgraded the powerful typhoon to number 8 at 2:10 p.m. local time (2:10 a.m. EDT) hours after the city issued the highest storm … [Read more...] about WATCH: Typhoon Hato Triggers Heavy Flooding in Hong Kong, Halts Stock Trading

News / World by Press Association 14/09/2018, 6:08 am FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter Philippine authorities were evacuating thousands of people from the path of the most powerful typhoon this year, closing schools, readying bulldozers for landslides and placing rescuers and troops on full alert. More than four million people live in areas at most risk from the storm, which the Joint Typhoon Warning Centre in Hawaii categorised as a super typhoon with powerful winds and gusts equivalent to a category 5 Atlantic hurricane. Typhoon Mangkhut is on course to hit north-eastern Cagayan province early on Saturday. It was tracked on Friday about 250 miles away in the Pacific with sustained winds of 127mph and gusts of up to 158 mph, Philippine forecasters said. With a massive rain cloud band 560 miles wide, combined with seasonal monsoon rains, the typhoon could bring heavy to intense rains that could set off landslides and … [Read more...] about Evacuation under way as huge typhoon nears Philippines

News / World by Press Association 15/09/2018, 4:56 am FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter Typhoon Mangkhut slammed into the north-eastern coast of the Philippines on Saturday, its ferocious winds and blinding rain ripping off tin roof sheets and knocking out power. The typhoon made landfall before dawn in the coastal town of Baggao in Cagayan province on the northern tip of Luzon Island, a breadbasket of flood-prone rice plains and mountain provinces often hit by landslides. More than five million people were at risk from the storm, which the Hawaii-based Joint Typhoon Warning Centre downgraded from a super typhoon but said was still punching powerful winds and gusts equivalent to a category four Atlantic hurricane. There were no immediate reports of major damages or casualties in the region, where a massive evacuation from high-risk areas was carried out over two days. With a huge rain cloud band 560 miles wide, combined … [Read more...] about Blinding rain and ferocious winds lash Philippines as Typhoon Mangkhut hits

IntroductionOver the past two months, Hurricanes Harvey and Irma battered Texas and Florida, and Typhoon Hato brought calamity to southern China, Hong Kong, and Macau. In addition to the tragic loss of life, property damage and business interruption losses resulting from these catastrophes are estimated in the tens of billions of dollars, and businesses are likely to run into complex insurance issues in the coming days and months.We examine in this post a typical “nat-cat” claim lifecycle and discuss five key steps in handling a claim effectively from notification of loss to settlement. We then turn to the critical claims handling issues arising from nat-cat insurance claims.1. The “Nat-Cat” Claim Lifecycle Effective Claims HandlingThe phalanx of issues that typically arise in the aftermath of a natural catastrophe underscore the importance of proper and effective claims handling and particularly close cooperation and open communication between the policyholder … [Read more...] about Hurricane Recovery Alert: Natural Catastrophe Insurance Claims